First Principles Capital Management will be the sub-advisor on the second fund. First Principals is based in New York and Atlanta, with approximately $10 billion in assets under management. The firm focuses primarily on fixed income and derivatives trading.

As with CALTX, the Macro Opportunities fund is a hedged mutual fund. CALTX was most recently made available on the Fidelity, Pershing and Charles Schwab investment platforms.

As a firm, Context Asset Management is relatively new having only been formed in Q1 of this year, but has been successful in attracting assets to the first fund, and now filing the second.